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October

CATAPULT TECHNOLOGY EARNS ACCOLADES FROM INC. MAGAZINE AND WASHINGTON TECHNOLOGY MAGAZINE

Catapult Named to "Inc. 500" List of Fastest Growing Companies
And
Washington Technology's "Fast 50" List of Hottest Government IT Contractors

Bethesda, Maryland, October 2, 2003 - Catapult Technology, LTD, a disabled veteran-owned firm providing integrated technology and management consulting, was recognized by two premiere business publications for its phenomenal growth in revenues and services. Inc. Magazine's just-released annual Inc. 500 ranking of the fastest-growing private companies in the country lists Catapult at #111, with five-year sales growth of 1,389 percent. And Washington Technology Magazine listed Catapult at #12 on its prestigious Fast 50 Companies for 2002, up from #26 in 2001.

"Catapult has thrived even in a difficult economy because we're focused on doing the best job we can in each of the sectors we represent," said Randy J. Slager, president and CEO. "Whether it's IT, management consulting or system engineering, our strength is our people working every day on what our clients need. This recognition is really the manifestation of that philosophy."

The Inc. 500 ranks privately held companies according to sales growth over the past five years, and has a history of identifying the next generation of world-class companies, with Microsoft, Stonyfield Farms, Timberland, Oracle, Princeton Review, Morningstar, E* Trade, Intuit and Domino's Pizza all appearing on the list before they became industry powerhouses. To be eligible for this year's Inc. 500, companies had to be independent and privately held through their fiscal year 2002, have had at least $200,000 in sales in the base year of 1998, and their 2002 sales had to exceed 2001 sales.

The Washington Technology Fast 50, published by the only national newspaper dedicated to government IT issues, is based on a percentage growth over a five-year period in government business revenue or subcontracting. Applicants must be located in the greater Washington DC region, or have a government sales office there. The company's revenue should be at least $100,000 in the first year, and the company must meet the government criteria for small business or be a member of the 8(a) program.

Catapult Technology, LTD provides the complete spectrum of integrated technology and process-related business services, including management consulting, system engineering, and management of IT infrastructures from the data center to the desktop. Founded in 1996, Catapult operates as a Service-Disabled Veteran-Owned Small Disadvantaged Business (SDVOSDB). The firm is a participant in the Small Business Administration's 8(a) program. With revenues approaching $30 million in 2003, Catapult supports a wide range of federal agencies.

Catapult has been recognized by the US Department of Transportation as a Small Business of the Year in 2001; has received Washington Technology's "Fast 50" Award for 2001 and 2002 as one of the region's fastest growing technology firms; and has received an "Outstanding" independent past performance rating by Dun & Bradstreet on its federal contracts.

May

Department of the Navy, Naval Supply Systems Command, Selects Catapult Technology, Ltd. for $13M Doctrine Support Services Contract at US Joint Forces Command (USJFCOM)

Bethesda, Maryland, May 12, 2003 - Catapult Technology, Ltd., headquartered in Bethesda, Maryland, has been awarded a $13M contract providing doctrine support services for the U.S. Joint Forces Command in Norfolk, VA. The contract includes joint doctrine development and publication maintenance; doctrine assessment; development of management products and aids for use by USJFCOM, Doctrine Division; review of future concepts, support for USJFCOM, Joint Warfighting Center (JWFC), Doctrine Division's newsletter requirements, support of Joint Doctrine Working Parties (JDWP) and After Action Review (AAR) teams, development and maintenance of the Joint Electronic Library (JEL) databases and other specialized databases; support for joint terminology tasks and joint training; and completing trend analysis and special research projects.

"Catapult is pleased to be associated with the USJFCOM team. This is an opportunity to contribute to our nation's success in conducting major force engagements as our nations military forces evolve to meet the challenges of a changing world. Catapult has been fortunate to be able to play a significant role, particularly for a small business, in support of Homeland Security. As a veteran owned firm, we are anxious to be a contributing member of the DOD community," said Randy J. Slager, President and CEO of Catapult.

The start-up date is June 1 for this 5-year contract and will require 188,000 manhours. Headquartered in Norfolk, Va., U.S. Joint Forces Command is one of nine unified commands in the Department of Defense. The commander of USJFCOM oversees the command's roles in transformation, experimentation, joint training, interoperability and force provision as outlined in the Department of Defense's Unified Command Plan.

Catapult Technology, Ltd. provides the complete spectrum of integrated technology and process-related business services, ranging from management consulting to system engineering, and management of IT infrastructures from the data center to the desktop.

A disabled veteran-owned firm, Catapult was listed in WashingtonTechway's "Fast 50" 2001 compilation of the fastest growing technology businesses in the National Capital area. With 240 employees nationally and revenues of $14 million in 2002, Catapult supports a wide range of federal agencies, both civilian and defense.

March

Catapult was granted a GSA Schedule 70 Award on March 14, 2003. Classified as an 8(a) Service-Disabled Veteran Owned Small Disadvantaged Business (SDB), our Contract number is GS-35F-0401N.

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